The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

UnUniFi Protocol Raises $1.5 Million in Seed Round To Build the First Decentralized Cross-Chain NFTFi Platform With Auto DeFi Yield

by Chainwire
December 2, 2022
in Industry Announcements

December 1, 2022 – New York, New York


UnUniFi is very proud to announce the completion of a $1,500,000 strategic fundraise led by Gumi Cryptos Capital, with participation from Coincheck, Hyperithm, MZ Web3fund, Arriba Studio and GC Incubation.

Yu Kimura, founder of UnUniFi, said,

“The true utility of UnUniFi is NFTFi functionality with a proprietary valuation algorithm, combined with our interchain yield aggregator.”

UnUniFi is a layer one blockchain protocol for providing efficient NFT lending through an internal NFT marketplace on the Cosmos ecosystem. UnUniFi protocol started development in Q4 2021 and launched its mainnet in May 2022.

This strategic fundraise marks the conclusion of our seed funding round, with the support of venture capital funds and investors from around the world.

UnUniFi will use the funding from this seed round for continued development and scalability in line with the roadmap – with an immediate focus on delivering the product releases and PMF (product-market fit).

We are very grateful for such great support so early in our development, and we look forward to realizing our mission – “to give every NFT the opportunity to DeFi.”

Why is UnUniFi special

UnUniFi will be the first NFTFi platform to create a proprietary NFT valuation algorithm calculated using real demand data, while allowing its users to generate automatic DeFi yield on borrowed assets.

While other NFTFi platforms employ a peer-to-peer or liquidity pool lending model, UnUniFi combines real demand for the NFT itself with the intrinsic demand for liquidity generation, giving NFT holders faster and more flexible access to lending.

This technology is scalable for institutional users and can be implemented externally by other platforms as an NFT valuation oracle.

Additionally, UnUniFi’s API, client library, Bubble plugin and front end incentive module all combine to allow the project to become the first successful ecosystem with a truly ‘decentralized front end.’

Learn more here.

Rui Zhang, managing partner of Gumi Cryptos Capital, said,

“Many projects have tried to build a financing ecosystem around NFTs, since NFTs have become a significant asset class. However, due to the unique nature of NFTs, low liquidity causes situations where it is hard to recover financing capital. During distressed markets, this becomes a bottleneck.

“UnUniFi comprises of a marketplace infrastructure with built-in price discovery functionality – this allows liquidity to be secured from the beginning. We believe UnUniFi will be able to create opportunities for the huge market of NFTFi.”

What comes next

While the completion of the seed funding round represents a huge milestone for our team, UnUniFi’s immediate focus is on realizing its Q4 product releases and PMF.

These objectives include – bringing to market NFTFi functionality with the ability to collateralize NFTs, the interchain yield aggregator for automatic DeFi yield, enabling of Cosmos IBC (inter-blockchain communication) and more.

These core functionalities will help realize the foundations of a truly decentralized NFTFi platform. Through staggered updates and announcements, the goal is to continue creating rapid public awareness about the status and availability of our upcoming releases.

In order to expand the UnUniFi ecosystem, the team is actively seeking and negotiating with NFT projects (an NFT is not limited to art or pfp – there are many potential applications in real estate or securities domains, etc.), DApps and other potential partners to identify strategic partnerships.

UnUniFi continues to accept inquiries from external collaborators for consideration, where applicable, and welcome other projects to contact us and join the UnUniFi ecosystem.

In the meantime, we continue working on our deliverables and pushing forward in our mission to encourage the widespread adoption of NFTs as a legitimate asset class through practical and usable DeFi technologies.

About UnUniFi

UnUniFi is a layer one blockchain protocol for providing efficient NFT lending services through an internal NFT marketplace with auto DeFi yield – all built on the Cosmos ecosystem.

UnUniFi will be the first NFTFi platform to create a proprietary NFT valuation algorithm calculated using real demand data, while allowing its users to generate automatic DeFi yield on borrowed assets through an interchain yield aggregator.

UnUniFi aims to be a DApps platform with NFT price information at its core. The internal NFT marketplace provides valuable data for the NFT price discovery function, scalable for usage by external platforms and Cosmos IBC integration.

Follow us at the links below.

Website | Twitter | Discord | GitHub

Contact

Christopher Lee, UnUniFi

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


Follow Us on X Facebook Telegram

Check out the Latest Industry Announcements
 

 
Submit a Press Release

Industry Announcements

  • Binance Alpha Is Changing the Web 3.0 Game
    May 16, 2025
  • NEXPACE Launches MapleStory N and NXPC Token, Charting a New Chapter for MapleStory Universe
    May 15, 2025
  • GSR Invests in Maverix Securities To Support the Launch of Regulated Digital Asset Structured Products
    May 15, 2025
  • Sportsbet.io Launches One Million USDT Giveaway To Mark Champions League Finale
    May 15, 2025
  • Whale.io Accelerating Towards TGE – Unveils ‘Wager and Earn’ Campaign and Launches WHALE Token Conversion
    May 14, 2025
  • Edgen Launches ‘AI Super App,’ Democratizing Institutional-Grade Crypto Market Intelligence
    May 14, 2025
  • BC.GAME Unveils New Logo, Strengthens Crypto Integration in iGaming Ecosystem
    May 14, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$102,856.56
$102,856.56
0.92%
Ethereum
$2,481.89
$2,481.89
5.64%
BNB
$640.96
$640.96
2.29%
Solana
$167.22
$167.22
3.63%
XRP
$2.35
$2.35
3.44%

Spotlight

  • 413,032 Americans Affected As Major Data Breach Leaks Customer Names, Social Security Numbers, Financial Records and More
    May 10, 2025
  • Arthur Hayes Says Crypto Bull Market Primed To Continue, Outlines Bitcoin Path to Seven-Figure Price
    May 10, 2025
  • Saudi Arabia Eschews Formal BRICS Membership To Avoid Antagonizing US: Report
    May 10, 2025
  • $2,950,000 Enters Fraudulent Accounts at JPMorgan Chase, Wells Fargo, Bank of America and BBVA in Million-Dollar Romance and Money Laundering Scheme: Report
    May 10, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl